Find Your Ideal
Home & Investment
Find Your Ideal Home
& Investment
Real Estate
Turkey is a vast country, over three times the size of the UK and some 25% larger than France. Straddling between Europe and Asia, with almost 7,000 kilometres of Mediterranean, Aegean and Black Sea, Turkey is home to a unique mosaic of cultures, diverse landscape and dynamic social make up. If you are looking for property overseas, wish to buy a holiday home in the sun, a place to retire or purely real estate investment in an upwardly mobile country, then no search is complete without having a good look at Turkish real estate for sale.
Where to buy a holiday home in Turkey?
With so many lovely resorts and towns to choose from, it is a task in itself to decide where to buy that special villa in Turkey or that sea view apartment, which will be your new home in Turkey and double up for some rental income. According to statistics published by the Turkish real estate agents association, Antalya, Fethiye, Bodrum and Side are the most popular holiday home destinations in Turkey. Properties in Antalya enjoy the proximity of a bustling seaside city with lovely beaches and excellent golf courses of Belek, whereas Kalkan properties provide some of the most dramatic sea views experienced in the entire Mediterranean, not to mention Kalkan's elegant setting and fine dining. Side holiday homes for sale are ideal for families with children, where shallow waters gently touch sandy shores. Real estate in Bodrum on the other hand is your key to Turkey's most sophisticated resort with plenty of sailing and seafront homes in lovely Yalikavak, Turkbuku or Gumusluk. Then we have sun-soaked Fethiye with most affordable villas and flats for sale in Turkey near the most pictured Oludeniz beach.
Looking to retire overseas - where should you buy your retirement home in Turkey?
When considering a permanent move abroad and buying a property for year round living, there are some important factors to take into account. Proximity of amenities, hospitals, schools and a stable local community are some of the elements one would naturally look at. In our dealings with over 10,000 people from all over the world looking at Turkish real estate with a view to permanent living in Turkey, we find that properties in Fethiye, Bodrum and Antalya (including Side and Kemer) are natural favourites for year round living. They all have excellent climates with over 300 days of sunshine, mild winters and the right level of facilities to sustain year round living.
Where to invest in Turkish real estate?
With an average annual GDP growth in excess of 8% for 2010 - 2012 period, Turkey has posted exceptional economic performance compared to the EU zone and indeed to BRICs (Brazil, Russia, India, China). In 2011 and 2012 Turkey's economic expansion was only second to China. IMF estimates that Turkey will yet again outperform most BRICs countries and certainly the entire Euro zone in 2013 - 2017 period with an average annual expansion of 5%+ projected. Turkish real estate industry is currently one of the major growth sectors within Turkey. With a youth population of over 60% of entire 76 million and increasing wealth in the country, domestic demand for the Turkish real estate industry is fast climbing. Turkish real estate agents association estimates that by year 2015 there will be a shortage of around 2 million quality housing in Turkey just to accommodate domestic demand, this is not even counting the booming tourism sector, 6th most visited country in the world in 2011, which also puts a heavy demand on coastal hotel, villa and apartment projects. In 2011, property market in Turkey grew by some 18% compared to year before. Considering that at the same period Greece, Spain and Portugal came close to announcing bankruptcy underlines the viability of owning property in Turkey.
Prime location Istanbul or better to look at prospering Antalya?
From a purely investment viewpoint property for sale in Istanbul deserves a close look, however, one needs to be very selective. There are many offers on the market and not all are viable. We recommend real estate in Istanbul prime locations as opposed to heavily marketed bargain apartments on the outskirts of the city. Naturally, prime locations of Istanbul are expensive, therefore we suggest investors should have a good look at Antalya property market as a viable and exceptional alternative to prime location real estate of Istanbul.
How about rental returns and capital growth?
On the Mediterranean and Aegean coasts of Turkey, your holiday home in Antalya, Fethiye, Kalkan and Bodrum could easily deliver in excess of 6% rental returns after all expenses paid. Considering that the average rental yield in the UK is 4.8%, this is quite a strong return. Coupled with steep capital growth in several years, you could build your very own nest egg in Turkish real estate. Another interesting profile to underline is the beachfront Turkey property segment.
Can you suggest a niche segment of Turkish real estate to keep an eye on?
Keen investors and of course keen sailors alike should keep a solid eye on waterfront properties in Turkey. This is an incredibly lucrative segment of the Turkish real estate market. Compared to France, Spain and Italy, beachfront properties in Turkey come at one third the price tag for comparable villas and apartments. Luxury villas for sale at the seafront in Bodrum, Kalkan, Kas and Fethiye could be purchased from as little as Euro 400,000, whereas a comparable villa in Spain or France would cost no less than Euro 1.3m. This is a huge price gap and we suggest that it is an artificial one. We do not expect prices of beach front properties in France to come down for these are highly desirable homes, however, as more and more people discover the stunning coastline of Turkey, we expect waterfront homes in Turkey to appreciate quite significantly over the next 3-5 years. The number of foreign registered boats and yachts entering Turkish waters have tripled since 2005, clearly indicating that Turkey is becoming a desirable boating destination. Considering the breathtaking beauty of the bays and coves in the Aegean and Mediterranean waters of Turkey, this is not surprising at all.
On the ground floor for easy accessibility, this spacious apartment is nestled within the residential area of Gunlukbasi and is highly recommended – just a short walking distance away from amenities and shops.
Fethiye
This duplex apartment is found within a central area of Hisaronu in Fethiye and is just a short walking distance away from bars, shops, and restaurants – ideal for those looking to spend long periods of time in Turkey.
Fethiye
These tremendous apartments rise in Kartal area of Istanbul and are situated next to Aydos Forest and just a few minutes away from the Marmara Sea – available in various types and sizes for buyers to choose from.
Istanbul
On the ground floor for easy access to and from, this charming apartment is nestled within a residential area of Calis and is highly recommended – just a short walk away from the famous promenade and beach area.
Fethiye
Located in Fikirtepe just a short walking distance away from a Metrobus and Metro are these brand new apartments for sale in Istanbul, available today in sizes ranging from one – five bedrooms for small and large families alike.
Istanbul
Directly above a Ring Road for moving and commuting, these apartments are located in a residential area of Izmir and are for sale at bargain prices not to miss – found within a top complex with a range of facilities.
Izmir
Looking out towards the sea, this fully furnished apartment is nestled within a residential and central area of Yalikavak in Bodrum Peninsula and is just five minutes away from the famous Marina for sailing opportunities.
Bodrum
Built to excellent standards by a top developer in Bodrum, this quality complex offers a range of apartments for sale in Konacik and is close to amenities and shops – for more information, please call or contact us today.
Bodrum
Available in various types and sizes, these luxury-designed apartments are for sale within the Central Business District of Maslak in Istanbul and have access to a full range of social facilities and spaces for residents.
Istanbul
Luxury apartments situated in the sought after area of Kadikoy on the Asian side of Istanbul, offered today ranging from one – four bedrooms with access to a full range of social facilities and on-site areas for residents.
Istanbul
Built to elite standards by a top developer in Turkey, these incredible properties are situated in Bodrum between Gumusluk and Turgutreis with buyers able to choose between villas and apartments in several different types.
Bodrum
Belview Istanbul available at bargain prices not to miss out on, these designer apartments can be purchased in sizes ranging from one – three bedrooms with duplexes and normal floor residences to choose from on the Anatolian side in Dragos.
Istanbul
Within walking distance to two metro stations for easy access to the city centre, this project is situated on the Asian side in Yamanevler in Istanbul and offers apartments for sale ranging from one – five bedrooms for all budgets and family sizes.
Istanbul
Just a short two minute walking distance to the beach is this stunning project offering a superb investment value for someone looking to capitalise on all that is great in Antalya today. Placed overlooking the river and with superb facilities for residents - very well priced and one not to be missed.
Antalya
Boutique apartments for sale in central Istanbul, rising in Besiktas and available today in sizes ranging up to five bedrooms inside – suitable for families and those wanting to relocate to Turkey permanently.
Istanbul
This is an exciting opportunity to purchase a brand new apartment in a popular district of Antalya, situated close to everything needed and just moments away from public transport for moving around the city on a daily basis.
Antalya
Walking distance from the International Finance Centre, these luxury-designed residences are for sale in Umraniye on the Anatolian side of Istanbul and form part of a superb complex with a range of amenities within.
Istanbul
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